European Commission Announces new Green Deal Worth €1 tn Updated On Thu, Jan 16th, 2020 by Saurenergy The European Union is committed to becoming the first climate-neutral bloc in the world by 2050, announcing a green deal worth EUR 1 trillion to achieve that target. The European Union is committed to becoming the first climate-neutral bloc in the world by 2050. This requires significant investment from both the EU and the national […] Read more
NSEFI Petitions to the Govt Against NTPC’s Tender Conditions Updated On Mon, Jan 13th, 2020 by Saurenergy NTPC’s refusal to exempt small & medium enterprises from EMD for its solar power tender has seen NSEFI petition to the government seeking its intervention. State-owned NTPC’s refusal to exempt small and medium enterprises from earnest money deposits (EMD) for its solar power tender has riled an association of the solar energy industry which has […] Read more
India has an Offshore Wind Energy Potential of 70 GW, 0 GW Fulfilled Updated On Thu, Jan 9th, 2020 by Saurenergy MNRE has revealed that India has an offshore wind energy potential of around 70 GW, mainly distributed along parts of the coast of Gujarat and Tamil Nadu. The Ministry of New and Renewable Energy (MNRE) has revealed that based on studies, India has an offshore wind energy potential of around 70 GW, mainly distributed along […] Read more
PFC Tenders for Transmission System for 2500 MW WEZ in Tamil Nadu Updated On Mon, Dec 30th, 2019 by Saurenergy PFC has tendered for developing transmission systems for the evacuation of 2500 MW of wind power from the Karur/ Tiruppur WEZ of Tamil Nadu. PFC Consulting, a subsidiary of Power Finance Corporation, has issued a tender for shortlisting transmission service providers to develop transmission systems for the evacuation of 2500 MW of wind power from […] Read more
EDP Invests $3 mn in Rensource for Promoting Expansion in Nigeria Updated On Thu, Dec 26th, 2019 by Saurenergy EDP will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. The EDP Group has announced that EDP Renewables (EDP Renováveis) will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. […] Read more
Electric Pickup Truck Startup Rivian Closes $1.3 Billion Funding Round Updated On Tue, Dec 24th, 2019 by Saurenergy Rivian has announced that it has closed a funding round of USD 1.3 billion. The financing was led by funds and accounts advised by T. Rowe Price. Michigan-based electric pickup truck startup Rivian has announced that it has closed an investment/ funding round of USD 1.3 billion. The financing was led by funds and accounts […] Read more
Vector Green In The Big League With Rattan India’s Renewables Acquisition Updated On Tue, Dec 24th, 2019 by Saurenergy Mumbai-based Vector Green Energy Private Limited, now owned by the US based Global Infrastructure Partners (GIP), a global infrastructure investor with over $60 billion in assets worldwide, has formally entered the big league with the completion of its latest acquisition of about 275 MW pf solar assets belonging to Rattan India.. The firm, a wholly […] Read more
Corporate Renewable PPAs in India to Drop by a Third in 2019: Report Updated On Mon, Dec 23rd, 2019 by Saurenergy A new report has predicted that in India the annual corporate PPA renewable additions in 2019 will be about 30-35 percent lower than installations in 2018 A new report has revealed that India was the second-largest growth market for corporate renewable Power Purchase Agreements (PPAs) after the US in 2018, with an addition of 1.6 […] Read more
TERI Tenders for Battery Energy Storage Systems in Delhi Updated On Wed, Dec 18th, 2019 by Saurenergy TERI has issued a tender for the commissioning of Battery Energy Storage Systems on turnkey basis under the UI-ASSIST initiative with BRPL in Delhi The Energy and Resources Institute (TERI) has issued a tender for the commissioning of Battery Energy Storage Systems (BESS) on turnkey basis under the UI-ASSIST initiative with the BSES Rajdhani (BRPL) […] Read more
